tZERO Group, Inc., a leader in blockchain-based financial infrastructure, announced a funding round on September 14, 2026, led by Marc and Max Cohodes, with participation from existing investors Intercontinental Exchange, Inc. (NYSE: ICE), Bill Fleckenstein, and support from its partner Dinari, Inc., among others. Neighborhood Intelligence also committed to support the financing round, with its portion to be funded when tZERO announces a binding agreement regarding a strategic transaction such as a change of control, a sale of substantially all assets, or a merger with a SPAC or another entity.
This financing is part of tZERO's broader long-term capital plan to power its growth as the company works toward a strategic transaction to drive the next phase of its growth and long-term capital stability, while advancing its infrastructure-as-a-service (IaaS) offering for tokenized securities and other assets. tZERO’s solutions connect tokenization, trading, custody, and asset servicing, helping financial institutions bring blockchain-based assets to market through regulated infrastructure.
“This funding supports tZERO’s operations and execution as we work to position the Company for capital independence and continue to commercialize and expand the infrastructure for tokenized financial markets,” said Alan Konevsky, Chief Executive Officer of tZERO. “We are grateful to our participating investors for their confidence in our business.”
“This is my third investment round in tZERO over the last eight years. I believe that tZERO has never been in a stronger position or better managed and has a leading robust pipeline for its infrastructure services with a range of institutional clients,” said Marc Cohodes, lead investor in the round. “I cannot be more proud of Alan and his team and look forward to tZERO continuing to work to become one of the most important companies in the next era of financial markets.”
The round brings together shareholders and strategic partners with a shared interest in tZERO’s long-term development. Their participation provides a foundation for the company to deepen institutional relationships and pursue opportunities, along with expansion into tokenized and other derivatives, prediction markets, and spot crypto infrastructure-as-a-service with its upcoming CFTC licenses – as well as to bridge to an independent footprint for the company.
For more information, visit tZERO’s website. tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO Digital Asset Securities may be found on FINRA’s BrokerCheck. tZERO Transfer Services, LLC is a transfer agent registered with the SEC, and more information may be found on the SEC's Edgar: https://www.sec.gov/search-filings.
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This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified.
